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National Savings up in November

Sales of National Savings products in November 2000 amounted to £1.1bn, bringing total sales to that date for the financial year 2000/01 to £7.9bn.

The figure is 10 per cent up on the same month last year, and leaves National Savings&#39 total liabilities to customers at the end of November at £63bn.


FSA must take an online lead

My decision last summer to leave secure, recession-proof employment for the turbulence of cyberspace was met with a hefty dose of cynicism from almost everyone around me. The change was certainly drastic. Like a chick peering over the edge of the nest, I viewed the world outside the FSA as challenging and disconcerting. There was […]

Platform homes in on adverse credit market

Borrowers with a history of bad credit ratings are being targeted by specialist mortgage providers Platform Home Loans. Platform Home Loans 1.25 per cent discount mortgage is open to employed people and self employed people who have to prove their level of income, with unlimited levels of county court judgements (CCJs) or arrears. The product […]

Friends Provident announces bonus declaration

Friends Provident has announced its bonus declaration for with -profit endowment policyholders for 2000. For conventional with-profit endowment life policies the declared regular bonus is 2 per cent on the sum assured, and 2.5 per cent on attaching bonuses. The bonus declaration for conventional with-profit personal pension policies is 2.5 per cent on basic pension […]

New PMI quotation system available online

MediQuote, a private medical insurance quotation system for intermediaries from Policy Master, is now available on the internet. Standard Life Healthcare is in partnership with Policy Master in the project and is fully funding intermediary access to MediQuote for its product range. It is also giving enhanced commission payments of five per cent for products […]

FAMR – a familiar response

Pension specialist Fiona Tait takes a look at the Financial Advice Market Review and assesses the three areas where it suggests improvements can be made With significant budget changes ruled out (for a while anyway), the pension community briefly turned its attention to the FCA’s final report on its Financial Advice Market Review (FAMR), hoping […]


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